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After six years' austerity, Greeks feel no joy from new debt deal


ATHENS Greece's government trumpeted a debt relief deal with other euro zone countries on Wednesday as the beginning of the end of its bruising six-year financial crisis but Greeks remained sceptical and markets were cautious.


Clearout of Greek refugee camp should reopen economic artery 25 May 2016

IDOMENI, Greece Greece has sent in police and bulldozers to clear out Europe's biggest refugee camp because of the deteriorating humanitarian conditions there, but the operation should also unblock a vital artery for the ailing economy.


Greek bank Piraeus cuts provisions, narrows losses 25 May 2016

ATHENS Piraeus Bank, Greece's largest lender by assets, narrowed its loss in the first quarter helped by a sharp drop in provisions for impaired loans, it said on Wednesday.


Greece starts moving migrants from squalid border camp 25 May 2016

IDOMENI, Greece Greece sent in police and bulldozers on Tuesday to knock down tents and relocate hundreds of migrants who had been stranded for months in a squalid makeshift camp on the border with Macedonia. | Video

Euro zone statement on Greece 25 May 2016

BRUSSELS Following is the text of the Eurogroup statement on Greece issued early on Wednesday after a meeting in Brussels:

Greece to start key data handover on EgyptAir crash Wednesday - source 24 May 2016

ATHENS Greece will start dispatching key information on the EgyptAir crash to Egyptian authorities on Wednesday, including data from the airliner as it flew through Greek airspace moments before disappearing, a source close to the probe said on Tuesday.

Greece's VAT tax hike is counterproductive - trade association 24 May 2016

ATHENS Increasing value-added tax will reduce state revenues rather than generate the extra income Greece is seeking as it tries to meet fiscal targets agreed with its lenders, a body representing small and medium sized businesses said on Tuesday.


IMF report says Greece needs 'up-front' debt relief, lower fiscal target 24 May 2016

WASHINGTON Greece needs "up-front, unconditional" debt relief and a sharply lower budget surplus target to make its bailout viable and its debt sustainable over the long term, International Monetary Fund staff said on Monday.


Egypt prosecutor seeks data from France, Greece on crashed plane 23 May 2016

CAIRO Egypt's public prosecutor formally requested data on the crashed EgyptAir plane from France and Greece on Monday, as the victims' remains began arriving at a Cairo morgue ready for DNA testing.

Greek shares rise to outperform weaker European stock markets 23 May 2016

* Deutsche Bank cuts outlook on European shares (ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets for site in development). Adds details, share prices)